Lets have a sincere thread about the worst business mistakes made at Facebook/ Meta.
9 replies (most recent on top)
high salaries, one persons idea called metaverse running wild on spending, executives leaving, customers not ready or interested in metaverse.
hiring 10k employees for metaverse alone in 2021-2022. how anyone thought that was a good idea is beyond me
- Letting Zuck continue to run the company while Sandberg babysat him.
- Over-investing in the metaverse
Miscalculating advertising reach. wth are we paying all those DSS researchers to do?
We did not invest more money in a better organized Metaverse push. Now we would have more than PS1-like torsos.
biggest mistake ??? drinking their own Koolaid
seriously they just prance around rubbing it our faces as they are some protected class because of what they do in their private lives. They over played their hand. Now chickens have come home
Biggest mistake was all the diversity hires. I'm sick of covering for their incompetence, and nobody dares speak the truth of how worthless most of them are.
Hooking up with the government for citizen monitoring.
Never good. Profitable, major, but not good.